Extension of CLN Repayment Date

Critical Metals plc / EPIC: CRTM / Market: Main Market

9 April 2025

Critical Metals Plc

("Critical Metals" or the "Company") 

Extension of CLN Repayment Date and Amendment of Terms

Critical Metals plc, developer and operator of the Molulu Copper/Cobalt Project ("Molulu" or the "Project") in the Democratic Republic of Congo ("DRC"), is pleased to provide an update to the key terms of the £1,603,000 unsecured convertible loan notes ("CLNs") issued by the Company on 9th April 2024. The Company is pleased to announce that it has agreed with a majority of the holders of the CLNs to make a number of amendments to the terms of CLNs which were effective as at 8 April 2025.

The key amendments to the CLNs are as follows:

· Extension of redemption date of the CLNs to 31 May 2025 ("Redemption Date") from 9 April 2025

· Revised conversion price ("Conversion Price") to 1 pence per Ordinary Share;

A copy of the revised note will be supplied to all CLN holders. The Company will provide further updates to the market in due course.

About Critical Metals

Critical Metals PLC has acquired a controlling 100% stake in Madini Occidental Limited, which holds an indirect 70% interest in the Molulu copper/cobalt project, a producing asset in the Katangan Copperbelt in the Democratic Republic of Congo.

The Company will continue to identify future assets that are in line with its stated acquisition objective of low CAPEX and OPEX brown-field projects with near-term production and cash-flow, whilst concentrating on minerals that have strategic importance to future economic growth thereby generating significant value for shareholders.